Exchange depositing transactions 30d MA have just hit their 4 year low - Boll bands tight - BIG MOVE COMING

Exchange-depositing-transactions-30d-MA-have-just-hit-their-4-year-low-Boll-band

Exchange depositing transactions have just hit their 4 year lows, corresponding with the early Q1 2019 bottoming process levels. In other words, we haven't seen such fear for coins and lack of taste for speculation for about 4 years now. Suggests a possible bottoming process, but don't discound one more final flush just yet.

Bollinger bands on the daily have probably NEVER been so tight EVER before on Bitcoin. In other words, a BIG MOVE is coming in the next few days or weeks.

If you're treading these waters with leverage, be extremely careful. This can be a very profitable break out trade either way, but if you play these stop buy/stop sell "through the roof" or "through the floor" set ups after such a long consolidation, be sure to manage your risk properly and don't bet too big - "darth maul" candles are a real dangers in these illiquid "quiet before the storm" waters.

That said, good huntin' & happy new year